Aluminium futures were trading lower during the late morning trade in the domestic market on Monday as investors and speculators cut down their bets in the industrial metal amid fall in physical demand for aluminium at the domestic spot market.
Further, a slide in physical demand for aluminium at the domestic spot market was due to trimming of positions by traders in the spot markets.
At the MCX, aluminium futures for August 2019 contract is trading at Rs 141.50 per kg, down by 0.04 per cent, after opening at Rs 141.75, against a previous close of Rs 141.55.
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It touched the intra-day low of Rs 141.45.
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